- New York MP Alexandria Ocasio-Cortez said Democrats should keep pushing for a sizeable deal in support of coronavirus.
- "That $ 1,200 is a nice little sugar high … but a second check-in and on its own – if we don't support state and local funding, if we don't have significant investments in testing, traceability, and infrastructure – all that it's a little sugar high, "she said said Politico.
- Your comments steer the growing concern of many House Democrats over the lack of an economic aid package.
- Democrats insist on at least $ 2.2 trillion in new spending, an amount the White House refused last month during negotiations that ultimately got nowhere.
- You can find more stories on the Business Insider homepage.
Democratic MP Alexandria Ocasio-Cortez urged members of her own party to push for a larger coronavirus aid package that includes her top priorities like a second stimulus check, state aid and health funding.
In one Politico interviewThe New York Congresswoman said a major stimulus plan was needed to deal with the dual economic and health crises created by the pandemic.
"This government appears to want to cut another check for $ 1,200, but it doesn't want to provide state and local [aid]," Ocasio-Cortez said. "That $ 1,200 is a nice little sugar high, and I support doing another stimulus check, but a second check-in and on its own – if we don't support state and local funding, if there is no significant investment in involves testing, tracking capacity and infrastructure – all it is is a little sugar high.
She continued, "It will not solve the pandemic's critical problems."
Ocasio-Cortez's comments reflect growing concerns among many democratic lawmakers over the lack of progress in achieving a fifth stimulus package. A growing number of House Democrats are calling on spokeswoman Nancy Pelosi to come up with another plan separate from the $ 3.4 trillion spending measure approved in May.
Growing frustration in both parties prompted a group of 50 bipartisan lawmakers in the House to put in place another $ 1.5 trillion spending plan, which includes another round of economic reviews, state aid and federal unemployment benefits. But top Democrats found it insufficient, which further diminished the prospect of a deal before election day.
Continue reading: Morgan Stanley says the future of the stock market is "unusually dependent" on another stimulus package – and recommends 5 portfolio moves if Congress passes another round
Senior Democratic lawmakers announced their caucus Tuesday that if an agreement was reached, they would remain on standby when they return to their districts on October 2, the start of recess.
Republicans have called for a "targeted" proposal to be drafted and implemented that is much smaller than what the Democrats are looking for. Democrats insist on additional government spending of at least $ 2.2 trillion on state aid, stimulus measures and health funding.
The GOP recently unveiled another $ 300 billion new spending plan that the Democrats blocked Thursday and labeled "emaciated". The Trump administration does not seem to insist on swift action to prop up the economy.
During an ABC News town hall On Tuesday evening, President Donald Trump said he would seek a compromise with the Democrats "at the right time".
Talks between the White House and Congress Democrats collapsed in August amid violent disagreements over federal spending levels and competing priorities. Much of the conflict has centered on state aid and the level of unemployment benefits.
Meanwhile, critical components of the last economic stimulus plan approved by Congress in March expired in the summer.
Almost 30 million Americans have some form of unemployment benefit. A federal program that the Trump administration launched early last month with executive action has already run out of funding from states that can only make new payments to the unemployed for six weeks.